Olson on the importance of market structure

SPEECH - In the speech 'The Importance of Market Structure' Mark Olson of the Federal Reserve said the consolidation of banks and other types of financial institutions was one of the most notable features of the international financial landscape over the past decade. However, he said, a common concern in the US and many other countries, is the potential for banking and financial consolidation to change the structure of banking markets in ways that reduce competition and thus harm consumers.


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